Lhyfe (LHYFF) Construction In Progress : $22.11 Mil (As of Jun. 2023)

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What is Lhyfe Construction In Progress?

Lhyfe's quarterly construction in progress increased from Jun. 2022 ($2.19 Mil) to Dec. 2022 ($7.52 Mil) and increased from Dec. 2022 ($7.52 Mil) to Jun. 2023 ($22.11 Mil).

Lhyfe's annual construction in progress declined from Dec. 2020 ($1.48 Mil) to Dec. 2021 ($1.24 Mil) but then increased from Dec. 2021 ($1.24 Mil) to Dec. 2022 ($7.52 Mil).

Lhyfe Construction In Progress Historical Data

The historical data trend for Lhyfe's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lhyfe Construction In Progress Chart

Lhyfe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Construction In Progress

1.48

1.24

7.52

Lhyfe Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial			-	1.24	2.19	7.52	22.11

Lhyfe Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lhyfe (LHYFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lhyfe SA (OTCPK:LHYFF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LHYFE:France F1B:Germany

Address

30 Rue Jean Jaures, Nantes, FRA, 44000

Website

https://www.lhyfe.com

Lhyfe SA is engaged in the production of green hydrogen for mobility and industry. The company designs, builds and exploits its green hydrogen production sites, which have the particularity of being directly connected to the various available renewable energy sources. The Group addresses two priority markets, which are among the emitters of greenhouse gases: the heavy mobility sector (trucks, buses, trains and in the long term, maritime and air transport) as well as (ii) the industry sector, among which chemistry (production of ammonia, methanol, etc.), steel production and glass production are priority targets.

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